VRSN

VeriSign Inc.

DOUBTFUL — SCREEN DOES NOT PASSstock

Is VRSN Halal?

Neutral internet infrastructure is permissible, but current asset-based debt and liquidity ratios fail the examined limits.

What You Should Know

VeriSign's March 31, 2026 Form 10-Q reports 137.90% interest-bearing debt/assets, 42.89% cash plus marketable securities/assets and 37.62% receivables-plus-cash/assets. The .com and .net registry business is generally permissible, but the senior notes and liquidity ratios fail the examined asset-based screens.

⚠️ Concerns

  • Interest-bearing debt/assets is 137.90%
  • Cash plus marketable securities/assets is 42.89%
  • Downstream domain use and market-cap methodology remain separate qualitative questions

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
137.90%Above limit
Below 33.333% under FTSE Yasaar

1,788.8 / 1,297.2

Cash + interest-bearing securities / assets
42.89%Above limit
Below 33.333% under FTSE Yasaar

556.4 / 1,297.2

Receivables + cash / assets
37.62%Within limit
Below 50% under FTSE Yasaar

488 / 1,297.2

Non-compliant income / revenue
1.21%Within limit
No more than 5% under FTSE Yasaar

5.2 / 428.9

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Debt/assets is 137.90% and liquidity/assets is 42.89%, both above the examined limits; receivables plus cash/assets is 37.62% and interest income/revenue is 1.21%.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Fails
Overall
Fails

Debt/assets and liquidity/assets exceed the examined MSCI total-assets limits; this is not an index-membership claim.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Fails
Overall
Fails

Debt/assets and liquidity/assets exceed the examined SAC financial limits; this is a calculation against SAC ratios, not an official classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Not calculated

A properly licensed reproducible market-cap history is not stored; a spot estimate is not substituted.

Business-activity disclosure

VeriSign operates the .com and .net domain registries and related internet infrastructure. Neutral registry infrastructure is generally permissible, while downstream domain uses and the filing's market-cap denominator remain outside this record.

Limitation: The filing does not quantify downstream prohibited domain use or provide a reproducible market-cap denominator history.

Purification

Interest income of 5.2 million is disclosed, but no fixed purification percentage is prescribed; investors should seek qualified guidance.

Inputs, assumptions and primary sources
  • Amounts are USD millions from VeriSign's March 31, 2026 Form 10-Q.
  • Interest-bearing debt is long-term senior notes of 1,788.8; deferred revenue and operating liabilities are excluded.
  • Cash is 476.7 and marketable securities, primarily U.S. Treasury debt securities, are 79.7.
  • Accounts receivable is 11.3 and quarterly revenue is 428.9.
  • Interest income is 5.2, or 1.21% of quarterly revenue.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

🧾
Own VRSN? Purify your portfolio.
Per-holding purification amounts, zakat on your shares, and halal alternatives for flagged holdings — a personalized report prepared for you within 48 hours.
Order Your Report — $49 →
Track VRSN and 30,000+ stocks' live compliance status with Islamicly — 50% off with code ZAKAT50.Get Islamicly →

Want to screen more assets?

Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.

Go to Halal Checker →